Starting a business comes with a lot of decisions. One of the most important steps in that process is choosing the right service for forming your LLC (Limited Liability Company). With so many options available, it can be overwhelming to pick the one that best suits your needs. This review will dive into CorpNet LLC, a company that has been helping entrepreneurs form businesses since 1997. We’ll take a look at their services, pricing, customer experience, upsells, and much more to give you an insightful overview to help you make an informed decision.
CorpNet LLC Formation Services
CorpNet LLC provides a variety of services aimed at simplifying the process of forming a Limited Liability Company. The company is known for its straightforward approach and clear service descriptions, which are designed to make the process as simple as possible for business owners.
Price Points
When it comes to pricing, CorpNet LLC offers several packages to cater to different business needs. These packages range from the basic option to more comprehensive services, which include additional perks and ongoing support.
Basic Package
The basic package starts at $79 and includes the essential services needed to form an LLC. These features typically cover:
- Name Availability Search: Ensures your desired LLC name is available in your state.
- Document Filing: Preparation and submission of your LLC’s Articles of Organization.
- LLC Kit and Seal: You’ll receive a personalized kit with your LLC’s official seal, making it easy to present your LLC’s legitimacy.
- 24-Hour Filing: For an additional charge, CorpNet can file your LLC formation documents within 24 hours.
- Free 60-Day Registered Agent Service: This service receives your official mail and documents on behalf of your LLC.
This package is great for individuals who are just starting their businesses and need the basics to get up and running.
Deluxe Package
At $199, the Deluxe Package expands on the Basic Package by adding a year of Registered Agent Service. Registered agents are responsible for receiving important business mail and legal documents, which can be critical for staying compliant with state regulations. This package also includes:
- Everything from the Basic Package.
- 1 Year of Registered Agent Service: This service ensures that all business-critical documents are forwarded to you.
- Compliance Alerts: CorpNet will send you reminders about important compliance deadlines, helping you avoid penalties.
This package is ideal for those who want to go a step further in terms of support, especially for the first year of their LLC’s life.
Complete Package
The most comprehensive option is the Complete Package, which is priced at $249. It includes all the features of the Deluxe Package and adds more advanced services. Some of these services include:
- Operating Agreement: A customized operating agreement is included in this package. This document is essential for outlining the management structure of your LLC and helps avoid disputes among business partners.
- IRS Form 2553 for S-Corp Election: If you want your LLC to be taxed as an S-Corp, this package provides the necessary forms and filing services to make that happen.
- Free Business License Search: CorpNet offers a business license search to help ensure that your business complies with local licensing laws.
- Additional Support and Consultation: You’ll get more comprehensive customer support, which can be helpful as your business grows.
This package is best for entrepreneurs who want more thorough service and long-term support as they grow their businesses.
Turnaround Time
CorpNet is known for its reasonably fast turnaround times. Standard processing typically takes between 15 to 20 business days, depending on your state’s filing speed. However, this is not guaranteed and may vary depending on the complexity of your filing.
For those who need their LLC formed quickly, CorpNet offers expedited services. Expedited filings can reduce the turnaround time to as little as 1-2 business days, depending on the state. This option is useful for entrepreneurs who are in a rush to get their business up and running.
Upsells and Service Fees
While CorpNet offers competitive pricing for their LLC formation services, it’s important to note that there are several upsells and service fees that you might encounter. Many of these services are optional but can add up quickly if you’re not careful.
Some of the additional services available for an extra fee include:
- S-Corp Tax Filing: An extra $99 to $199, depending on the state, for handling tax-related services.
- Business License Research: This service helps identify the necessary licenses your business might need to operate legally in your location.
- DBA Registration: If you plan on operating under a name other than your LLC’s legal name, you’ll need to register a “Doing Business As” name.
- Foreign Qualification: If your LLC operates in multiple states, you’ll need to file for foreign qualification to remain compliant.
While these upsells are common in the LLC formation industry, it’s worth being aware of them as they can quickly increase the total cost of using CorpNet’s services.
Clear Language
One of the standout features of CorpNet is its use of clear, concise language throughout its website and service descriptions. The company makes it easy for entrepreneurs to understand exactly what services they are paying for and what each service entails. This transparency helps alleviate confusion, especially for first-time business owners.
Unlike other LLC formation services that can sometimes be bogged down in legal jargon, CorpNet’s website offers simple explanations and straightforward pricing, which makes it easy for users to make informed decisions.
Customer Service
Customer service is a crucial factor when choosing an LLC formation service. CorpNet has received praise for its responsive and knowledgeable customer service team. They provide support via phone, email, and live chat.
Reviews highlight that CorpNet’s support team is quick to respond and is helpful throughout the LLC formation process. Whether you’re setting up an LLC for the first time or need assistance with additional services, CorpNet’s customer service is generally regarded as one of its strongest features.
They are available Monday through Friday, from 7:00 am to 5:00 pm PST, ensuring that you can get the help you need during business hours.
User Experience
Navigating CorpNet’s website is user-friendly and intuitive. The platform is designed to guide you through the LLC formation process step by step. The site features helpful tools, such as a Business Structure Wizard, which helps you determine the right business entity for your needs.
The website also has plenty of resources, including articles, guides, and FAQs that cover everything from the basics of LLCs to more complex legal topics. This makes it easy for entrepreneurs to access the information they need to make informed decisions about their business formation.
For users who want to track their LLC formation progress, CorpNet provides an online dashboard. The dashboard allows you to view and manage your LLC formation status, as well as track any compliance requirements.
Additional Services & Features
CorpNet offers more than just LLC formation services. The company provides a comprehensive range of additional services designed to help businesses maintain compliance and grow over time. Some of the notable services include:
- Registered Agent Service: As mentioned earlier, CorpNet offers a registered agent service, which is essential for LLC owners who want to remain compliant with state laws. This service receives legal documents and forwards them to you.
- Annual Report Filings: Many states require LLCs to file annual reports. CorpNet offers an annual report filing service to ensure your business stays in good standing.
- Business License Services: CorpNet can help you determine which business licenses are required in your state and municipality.
- LLC Amendments and Dissolutions: If you need to make changes to your LLC or dissolve it, CorpNet can help with these legal processes.
These additional services are valuable for business owners who want a one-stop shop for their business needs. It allows you to handle everything from LLC formation to compliance with ease.
Registered Agent Service
Price
CorpNet’s Registered Agent Service is priced at $149 per year, which is fairly standard in the industry. This service is critical for LLC owners who want to maintain legal compliance. The Registered Agent is responsible for receiving important documents, such as tax forms, legal notices, and official state correspondence, on behalf of the LLC. This is a required service in most states.
Mail Forwarding
With the Registered Agent Service, CorpNet offers mail forwarding services. This means that any official documents received on behalf of your LLC will be scanned and uploaded to your account for easy access. You will also receive email notifications when new documents are available. This service ensures that you never miss an important document and helps you stay organized.
Should You Form an LLC with CorpNet?
Based on the comprehensive services, pricing, and positive customer feedback, CorpNet is a strong contender for LLC formation. If you’re an entrepreneur who wants a reliable and efficient service to get your LLC started, CorpNet provides solid value.
The company offers a range of packages and add-on services that make it easy to tailor their offerings to your specific needs. Whether you need just the basics or a complete suite of services, CorpNet has you covered.
However, it’s important to consider the upsells, as some optional services can increase the cost of your LLC formation. Additionally, the processing times may vary depending on your state, and expedited services come at an extra fee. Still, CorpNet’s overall ease of use, customer service, and transparent pricing make it a top choice for LLC formation.
Pros:
- Transparent pricing with no hidden fees
- Great customer service
- Comprehensive range of services
- Intuitive and easy-to-use platform
Cons:
- Additional costs for upsell services
- Registered Agent Service is separate from the basic package
- Turnaround time can vary depending on the state
In conclusion, if you’re looking for a hassle-free LLC formation process with reliable ongoing support, CorpNet is a good choice. It offers a range of features and packages that can fit your business needs at different stages of growth.
Final Verdict:
With its wide range of services, user-friendly platform, and excellent customer support, CorpNet stands out as a solid choice for entrepreneurs looking to form an LLC. Whether you’re just starting out or are looking for additional support, CorpNet can help guide you through the process and provide the tools you need to succeed.
